Orascom Construction (CAI:ORAS) Days Payable : 135.70 (As of Mar. 2024)

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What is Orascom Construction Days Payable?

Orascom Construction's average Accounts Payable for the three months ended in Mar. 2024 was E£46,891 Mil. Orascom Construction's Cost of Goods Sold for the three months ended in Mar. 2024 was E£31,532 Mil. Hence, Orascom Construction's Days Payable for the three months ended in Mar. 2024 was 135.70.

The historical rank and industry rank for Orascom Construction's Days Payable or its related term are showing as below:

CAI:ORAS' s Days Payable Range Over the Past 10 Years
Min: 69.92 Med: 143.03 Max: 167.43
Current: 147.41

During the past 13 years, Orascom Construction's highest Days Payable was 167.43. The lowest was 69.92. And the median was 143.03.

CAI:ORAS's Days Payable is ranked better than
75.65% of 1606 companies
in the Construction industry
Industry Median: 76.71 vs CAI:ORAS: 147.41

Orascom Construction's Days Payable declined from Mar. 2023 (143.27) to Mar. 2024 (135.70). It may suggest that Orascom Construction accelerated paying its suppliers.

Orascom Construction Days Payable Historical Data

The historical data trend for Orascom Construction's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Orascom Construction Days Payable Chart

Orascom Construction Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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151.05

157.10

167.43

115.05

149.44

Orascom Construction Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															143.27	159.48	164.69	134.42	135.70

Competitive Comparison of Orascom Construction's Days Payable

For the Engineering & Construction subindustry, Orascom Construction's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Orascom Construction's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Orascom Construction's Days Payable distribution charts can be found below:

* The bar in red indicates where Orascom Construction's Days Payable falls into.

Orascom Construction Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Orascom Construction's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (35436.422	+	43022.069)	/	2 )	/	95815.136	*	365
=	39229.2455					/	95815.136	*	365
=	149.44

Orascom Construction's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (43022.069	+	50759.2)	/	2 )	/	31532.162	*	365 / 4
=	46890.6345					/	31532.162	*	365 / 4
=	135.70

Orascom Construction Days Payable Related Terms

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Orascom Construction (CAI:ORAS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Orascom Construction PLC (CAI:ORAS) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Office 301, Level 3, Gate Village-Building 1, P.O. Box 507031, Dubai International Financial Centre, Dubai, ARE

Website

https://www.orascom.com

Orascom Construction PLC is an engineering company in the United Arab Emirates. Its area of operations are infrastructure, industrial and commercial projects predominantly in the Middle East and also in North Africa, the United States and the Pacific Rim regions. The company's brands comprise Orascom, Contrack Watts, The Weirz Company, The Besix Group, Concessions and Investments, Construction Materials and Property Management.

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